Human Resource Management · Compensation Management
Which of the following options best defines 'fringe benefits' in compensation management?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Stock options offered solely to senior executives
- 2Monetary rewards given exclusively for short-term exceptional performance
- 3Indirect financial and non-financial compensations offered to employees in addition to regular wages✓
- 4The basic salary paid weekly or monthly to employees
Correct answer
Indirect financial and non-financial compensations offered to employees in addition to regular wages
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